Canada - Apple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Price in Canada - 2023
Contents:
- Apple Price in Canada (CIF) - 2023
- Apple Price in Canada (FOB) - 2023
- Apple Imports in Canada
- Apple Exports in Canada
Apple Price in Canada (CIF) - 2023
The average apple import price stood at $1,196 per ton in September 2023, falling by -16% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 22% against the previous month. The import price peaked at $1,509 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($2,459 per ton), while the price for the United States ($1,143 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Price in Canada (FOB) - 2023
In September 2023, the average apple export price amounted to $1,284 per ton, growing by 70% against the previous month. Overall, the export price showed a slight expansion. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 265% m-o-m. Over the period under review, the average export prices reached the maximum at $2,092 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for Vietnam amounted to +78.6% per month.
Apple Imports in Canada
In 2022, supplies from abroad of apples was finally on the rise to reach 200K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern.
In value terms, apple imports surged to $243M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Apple in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 156 | 151 | 161 | 196 | 7.9% |
| Chile | 29.2 | 13.9 | 18.8 | 20.9 | -10.5% |
| New Zealand | 13.6 | 14.6 | 10.7 | 14.5 | 2.2% |
| South Africa | 1.6 | 1.7 | 2.3 | 4.1 | 36.8% |
| Italy | 6.3 | 1.5 | 4.1 | 3.1 | -21.1% |
| Others | 6.2 | 3.7 | 5.1 | 4.6 | -9.5% |
| Total | 213 | 186 | 202 | 243 | 4.5% |
Top Suppliers of Apple to Canada in 2022:
- United States (170.9K tons)
- Chile (13.2K tons)
- New Zealand (7.5K tons)
- South Africa (3.2K tons)
- Italy (2.2K tons)
Apple Exports in Canada
Apple exports from Canada skyrocketed to 68K tons in 2022, jumping by 52% on the year before. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, apple exports dropped to $39M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, the exports attained the peak of $40M, and then declined in the following year.
| Export of Apple in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.4 | 21.5 | 29.7 | 25.4 | 4.3% |
| Vietnam | 4.9 | 5.4 | 5.4 | 11.0 | 30.9% |
| India | N/A | 0.6 | 0.9 | 0.6 | 0.0% |
| Cuba | 1.9 | 0.7 | 1.3 | 0.4 | -40.5% |
| United Kingdom | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 1.6 | 3.5 | 2.6 | 1.6 | 0.0% |
| Total | 30.9 | 31.9 | 40.2 | 39.4 | 8.4% |
Top Export Markets for Apple from Canada in 2022:
- Vietnam (42.1K tons)
- United States (19.9K tons)
- United Kingdom (2.2K tons)
- India (1.5K tons)
- Cuba (0.6K tons)
This report provides an in-depth analysis of the apple market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 515 - Apples
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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